Trends - copper exporter - Business Recorder

copper exporter

Copper falls as global energy crisis spooks markets

Benchmark copper on the London Metal Exchange (LME) was down 0.5% at $9,495 a tonne in official trading, snapping three days of gains

Updated 12 Oct, 2021 06:23pm

Markets

Perky stock markets lift copper prices

Benchmark copper on the London Metal Exchange (LME) was up 1.4% at $9,175 a tonne in official trading

Published 07 Oct, 2021 07:06pm

Markets

Copper extends losses on worries about China property, growth

Three-month copper on the London Metal Exchange had dropped 1.1% to $9,074.50 a tonne

Published 06 Oct, 2021 08:44pm

Markets

Copper prices steady ahead of US jobs data

Benchmark copper on the London Metal Exchange was up 0.1% at $9,389 per tonne

Published 03 Sep, 2021 05:22pm

Markets

Aluminium streaks to three-year highs on Chinese power cuts

LME tin touches record high above $35,000 a tonne
Zinc also gains on Yunnan power cuts

Published 30 Jul, 2021 08:37pm

Markets

Copper boosted by hopes for China stimulus as GDP disappoints

Benchmark three-month copper on the London Metal Exchange (LME) was up 0.4% at $9,383.50 a tonne in official trading.
China's primary aluminium output fell for a second straight month in June.

Published 15 Jul, 2021 05:41pm

Markets

Copper eases as dollar firms on US inflation jitters

Three-month copper on the London Metal Exchange eased 0.1% to $9,408 a tonne.
China, the world's biggest metals consumer, will take "comprehensive measures" to ease rising commodity prices, Premier Li Keqiang said.

Published 14 Jul, 2021 01:31pm

Markets

Fundamentals shaky, but funds fuel copper's rise to 2-week peak

Benchmark copper on the London Metal Exchange gained 0.9% to $9,461 a tonne in official trading.
Prices of the metal used by investors to make bets on manufacturing and economic growth earlier touched $9,536, the highest since June 16.

Published 05 Jul, 2021 06:37pm

Markets

Copper eases as dollar firms on US inflation fears

Three-month copper on the London Metal Exchange was down 0.3% at $9,383.50 a tonne.
This morning, there is a marked lack of interest in the Asian session with all the drifting lower on thin volumes as yet again the physical buyers shy away from these prices.

Published 28 Jun, 2021 11:21am

Markets

Copper edges up after Fed chief vows to keep rates low

"I suspect for the next few months we'll consolidate sideways. Maybe that will be the mantra of summer - buy the dips, sell the rallies and then reassess how things are evolving going forward."

Published 23 Jun, 2021 06:27pm

Markets

Copper sell-off continues as prices hit 10-week low

Benchmark copper on the London Metal Exchange (LME) was down 0.4% at $9,108.50 a tonne.
The metal used in power and construction hit a record high of $10,474.50 in May. Prices fell 8.6% last week.

Published 21 Jun, 2021 05:05pm

Markets

Copper heads for its biggest weekly tumble since March 2020

Benchmark copper on the London Metal Exchange (LME) was down 0.8% at $9,238 a tonne.
The sell-off follows a remarkable rally, with the metal used in power and construction reaching a record high of $10,747.50 in May.

Published 18 Jun, 2021 05:28pm

Markets

Copper falls as market frets about demand, China curbs

Benchmark copper on the London Metal Exchange was down 0.4% at $9,960 a tonne.
Prices of the metal, often used as a gauge of manufacturing activity, are down nearly 8% since hitting a record high of $10,747.50 a tonne in May.

Published 14 Jun, 2021 05:12pm

Markets

Copper falls on China's pledge to cool prices, low premiums

Benchmark three-month copper on the London Metal Exchange (LME) eased 1.5% to $9,834.50 per tonne in official trading.
Copper inventories climbed 2,100 tonnes to a one-month high of 131,775 tonnes.

Published 10 Jun, 2021 08:26pm

Markets

Copper falls on China's pledge to cool metals prices

Benchmark three-month copper on the London Metal Exchange (LME) eased 1.5% to $9,832 per tonne.
China is looking to release 800,000-900,000 tonnes of primary aluminium.

Published 10 Jun, 2021 06:21pm

Markets

Copper slips as Chinese factory gate prices surge

Benchmark copper on the London Metal Exchange (LME) was down 0.6% at $9,904.50 a tonne in official trading, off a record high of $10,747.50 reached on May 10.
Chinese Yangshan copper import premiums fell to $26, the lowest in at least 9 years, pointing to weak demand for overseas metal.

Published 09 Jun, 2021 06:31pm

Markets

Global copper buyers must look elsewhere for concentrate as Indonesia cuts exports

"Between now and when Indonesia's new copper smelters commence production, smelters that have been reliant on material from Indonesian mines will need to find alternative concentrate sources."

Published 08 Jun, 2021 08:11pm

Markets

Chile posts $1.314bn trade surplus in May, copper exports up 70pc y/y

The value of copper shipments increased 70% year-on-year to $4.967 billion in May.
Total exports from the South American nation hit $7.920 billion, while imports were $6.606 billion.

Updated 07 Jun, 2021 06:11pm

Markets

Copper rebounds on bargain hunting after steep fall

Three-month copper on the London Metal Exchange (LME) gained 0.8% to $9,866 a tonne in official trading, having lost as much as 3.8% in the previous session.

Published 04 Jun, 2021 06:45pm

Markets

Copper falls below $10,000 as US jobs data knocks markets

Benchmark copper on the London Metal Exchange (LME) was down 1.6% at $9,989.50 a tonne at in official trading.

Published 03 Jun, 2021 07:38pm

Markets

Copper clings to gains as factory activity points to global economic recovery

Benchmark copper on the London Metal Exchange was barely changed at $10,240 per tonne .
Copper, mainly used in the power and construction industries, is seen as a sensitive gauge of the health of the global economy.

Published 01 Jun, 2021 06:28pm

Markets

Shanghai copper registers second monthly gain on supply concerns

The most-traded July copper contract on the Shanghai Futures Exchange closed 0.9% up at 73,950 yuan ($11,617.68) a tonne for a 2.1% monthly gain.
The White House, meanwhile, has proposed a $6 trillion budget plan to ramp up spending in several sectors including infrastructure.

Published 31 May, 2021 06:37pm

Markets

Copper edges lower on China demand concerns

Three-month copper on the London Metal Exchange slipped 0.2% to $10,201 a tonne.
Torlizzi expected copper prices to correct lower during the summer, when bullish investors would start buying again. He targeted $8,000 as an attractive level to re-enter the market.

Published 28 May, 2021 08:41pm

Markets

Copper rises as strike fears and Chinese data reassure bulls

Benchmark copper on the London Metal Exchange (LME) was up 0.7% at $10,048.50 a tonne in official trading.
Prices of the metal used in power and construction surged to a record high of $10,747.50 this month before slipping to $9,795 on Monday.

Published 27 May, 2021 08:27pm

Markets

Copper boosted by planned labour strikes at Chile mines

Benchmark copper on the London Metal Exchange (LME) were up 0.6% at $9,978.50 a tonne in official trading.
This comes after the Chinese government said it would crack down on the surging prices of industrial metals.

Published 26 May, 2021 07:40pm

Markets

China crackdown on prices subdues industrial metals

Benchmark copper on the London Metal Exchange traded up 0.1% at $9,961 a tonne in official rings.
Prices of the metal used widely in the power and construction industries have fallen 7% since hitting a record high at $10,747.50 a tonne earlier this month.

Published 25 May, 2021 08:16pm

Markets

Copper retreats on fears over Chinese price crackdown

Copper on the London Metal Exchange (LME) was set for its biggest weekly drop since September 2020 after a sizzling rally with near 40% gains since the start of the year to a record peak of $10,747.50 last week.
Three-month LME copper had slid 1.6% to a two-week low of $9,884 a tonne, down 3.5% on the week.

Published 21 May, 2021 08:20pm

Markets

Copper retreats on fears over Chinese price crackdown

Copper on the London Metal Exchange (LME) was set for its biggest weekly drop since January after a sizzling rally with near 40% gains since the start of the year to a record peak of $10,747.50 last week.

Published 21 May, 2021 04:45pm

Markets

Copper up on dollar, strike possibility in Chile

Benchmark copper on the London Metal Exchange traded up 1% at $10,104 a tonne in official rings. However, prices of the metal used widely in power and construction are down 6% since hitting a record $10,747.50 a tonne earlier in May.

Published 20 May, 2021 08:32pm

Markets

Slumping dollar boosts base metals, zinc hits 3-year high

Benchmark copper on the London Metal Exchange (LME) was up 1.2% at $10,496.50 a tonne in official trading and near last week's record high of $10,747.50.
LME zinc was up 2.4% at $3,085 a tonne after surging to $3,108.50, its highest since June 2018.

Published 18 May, 2021 08:31pm

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Feb 2 The Pakistan General Insurance Co. Ltd.(PKGI)	5.28 ▲ 0.73 (16.04%)
Premier Insurance / Feb 2 Premier Insurance Limited(PINL)	7.52 ▲ 1.00 (15.34%)
Pak Agro Pack. (GEM) / Feb 2 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.76 ▲ 1.00 (14.79%)
Data Textile / Feb 2 Data Textiles Limited(DATM)	8.08 ▲ 1.00 (14.12%)
First Pak Mod. / Feb 2 First Pak Modaraba(PAKMI)	1.49 ▲ 0.16 (12.03%)
Dewan Sugar / Feb 2 Dewan Sugar Mills Limited(DWSM)	2.83 ▲ 0.28 (10.98%)
Jubilee Spinning / Feb 2 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.86 ▲ 0.28 (10.85%)
Tri-Star Power / Feb 2 Tri-Star Power Limited(TSPL)	11.64 ▲ 1.00 (9.40%)
Hala Enterprise / Feb 2 Hala Enterprises Limited(HAEL)	6.59 ▲ 0.49 (8.03%)
Soneri Bank Ltd / Feb 2 Soneri Bank Limited(SNBL)	10 ▲ 0.70 (7.53%)

Stock	Price
Sec. Inv. Bank / Feb 2 Security Investment Bank Limited(SIBL)	3.86 ▲ -0.99 (-20.41%)
Ruby Tex. / Feb 2 Ruby Textile Mills Limited(RUBY)	3.10 ▲ -0.50 (-13.89%)
Grays Leasing / Feb 2 Grays Leasing Limited(GRYL)	3.26 ▲ -0.43 (-11.65%)
HBL Growth Fund / Feb 2 HBL Growth Fund(HGFA)	4.70 ▲ -0.59 (-11.15%)
Pakistan Services / Feb 2 Pakistan Services Limited(PSEL)	1938 ▲ -157.13 (-7.50%)
Siemens Pak. / Feb 2 Siemens (Pakistan) Engineering(SIEM)	587.58 ▲ -47.64 (-7.50%)
Chashma / Feb 2 Chashma Sugar Mills Limited(CHAS)	60.17 ▲ -4.87 (-7.49%)
Pak Leather / Feb 2 Pak Leather Crafts Limited(PAKL)	19.68 ▲ -1.59 (-7.48%)
Noon Sugar / Feb 2 Noon Sugar Mills Limited(NONS)	54.55 ▲ -4.35 (-7.39%)
Tandlianwala Sugar / Feb 2 Tandlianwala Sugar Mills Limited(TSML)	56.60 ▲ -4.49 (-7.35%)

Stock	Volume
WorldCall Telecom / Feb 2 Worldcall Telecom Limited(WTL)	20,604,314 ▼ 0.02
Pak Petroleum / Feb 2 Pakistan Petroleum Limited(PPL)	12,186,736 ▲ -0.93
P.I.A.C.(A) / Feb 2 Pakistan International Airlines Corp(PIAA)	8,353,500 ▲ -0.14
Gul Ahmed / Feb 2 Gul Ahmed Textile Mills Limited(GATM)	8,350,767 ▲ -0.13
Habib Bank / Feb 2 Habib Bank Limited(HBL)	6,169,725 ▼ 0.69
Dewan Motors / Feb 2 Dewan Farooque Motors Limited(DFML)	6,069,500 ▼ 0.30
Ghani Glo Hol / Feb 2 Ghani Global Holdings Limited(GGL)	5,454,618 ▼ 0.53
Oil & Gas Dev. / Feb 2 Oil & Gas Development Company Limited(OGDC)	5,230,319 ▲ -0.05
Maple Leaf Cement / Feb 2 Maple Leaf Cement Factory Limited(MLCF)	4,990,557 ▲ -0.27
K-Electric Ltd. / Feb 2 K-Electric Limited(KEL)	4,946,333 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 2	273.50
USD PKR Interbank Buying / Feb 2	271.50
USD to Japanese Yen / Feb 2	128.44
USD to Swiss Franc / Feb 2	0.91
Pound Sterling to USD / Feb 2	1.24
Euro to USD / Feb 2	1.10
UK LIBOR % / Feb 1	4.30

Stock	Volume
S&P 500 / Feb 1	4119.21
Nasdaq / Feb 1	11816.32
Dow Jones / Feb 1	34092.96
India Sensex / Feb 2	59550.50
Tokyo Nikkei / Feb 2	27402.05
Hang Seng / Feb 2	21958.36
FTSE 100 / Feb 2	7779.79
Germany DAX 30 / Feb 2	15274.86
France CAC40 / Feb 2	7112

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 1	21235
Gold 10 Grams PKR / Feb 1	175754
Crude Oil USD/Barrel / Feb 2	77.10
Gold Spot USD/Ounce / Feb 2	1957.83
Cotton US¢/pound / Feb 2	86.69

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